ISLAMABAD: A sovereign guarantee of Rs6.94 billion for constructing the Sialkot-Kharian Motorway project worth Rs43.3 billion has been approved by the Economic Coordination Committee of the Cabinet (ECC).
The construction of Sialkot (Sambrial) – Kharian Motorway has been approved on a Build-Operate-Transfer (BoT) basis by the Executive Committee of the National Economic Council (ECNEC) at the cost of Rs43.383 billion – including a share of Rs19 billion of the GoP and Rs24.309 billion of the concessionaire share.
The Motorway will comprise a 69km long road, with a 4-Lane Access Controlled Facility, and will be completed in 2024, under the Public-Private Partnership (PPP).
The authority also approved a Viability Gap Funding (VGF) of sum Rs10.9 billion under the federal PSDP.
For news and blogs, visit Graana.com.
Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…